What Is The Tfsa Limit For 2024 Year

What Is The Tfsa Limit For 2024 Year. For 2024, the limit is $7,000. At the end of 2023, she has no tfsa contribution room left.


What Is The Tfsa Limit For 2024 Year

If you already have a tfsa you’ve been contributing to, the most you can add in 2024 is $7,000. An indexation factor of at least 1.031 was needed for the 2024 taxation year (based on the cpi increase from october 2022 to september 2023), to increase the 2024 dollar limit to $7,000.

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